Bryan utility preparing bid packages for $20M administration building
The Bryan City Council authorized the sale of more than $95 million in revenue bonds by Bryan Texas Utilities (BTU) to finance multiple capital improvement projects.
At their September 14 meeting, councilmembers approved the sale of $73.6 million in city revenue bonds for the construction of a $20 million BTU administration building, a $10 million RELLIS substation, and various system improvements such as new and expanded substations, line upgrades, transmission switch replacements, and transformer relay upgrades.
Bid packages are being prepared for spring 2022 for different portions of the administration building project. The facility will feature office space and additional drive-through lanes for customers at the site of the former Bryan Army Reserve buildings, which have been demolished.
More than $21.76 million in rural revenue bonds will be sold to finance BTU capacity and reliability upgrades, distribution replacements, and construction to serve new customers.